Paraguay and Brazil have restored their bilateral relations and resumed negotiations on the Itaipú Dam after a duration of diplomatic tension.Foreign ministers Rubén Ramírez and Mauro Vieira agreed to reconstruct cooperation based upon shared respect and shared values, stressing the value of transparent dialogue between the 2 countries.The ItaipúParaguay and Brazil have restored their bilateral relations and resumed settlements on the Itaip Dam after a duration of diplomatic tension.Foreign ministers Rubn Ramrez and Mauro Vieira consented to reconstruct cooperation based upon shared regard and shared values, emphasizing the importance of transparent discussion between the two countries.The Itaip Dam, jointly owned because 1973, produces 14,000 megawatts annually and remains main to both economies. Paraguay utilizes less than 30% of its share and need to sell the surplus to Brazil at$19.28 per kilowatt, a rate renegotiated up by$2.50 in 2023. Paraguay continues to look for the right to sell its surplus energy on Brazils open market, a move that could generate billions in additional earnings and support its economic modernization plans.Brazil counts on Itaip for about 15% of its electricity, making the dams terms important for its energy security. The 2 countries economies are carefully linked, with Brazil as Paraguays primary trading partner.Paraguay and Brazil Restore Bilateral Relations and Resume Itaip Energy Talks. (Photo Internet recreation )Brazil is also a significant purchaser of Paraguays energy and farming products. Settlements over the modification of Annex C of the Itaip Treaty stay a top priority, as both sides intend to secure reasonable and sustainable benefits.Both governments have introduced evaluations of current occasions and vowed to keep open interaction. Paraguays Congress has called for clarity on all settlement procedures and has actually not dismissed international arbitration if necessary.The outcome of these talks will influence future energy trade, local financial investment, and the wider financial relationship in between the 2 next-door neighbors as Paraguay seeks to leverage its hydropower resources and Brazil intends to make sure steady energy supplies.
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Honda, Japan’s second-largest automaker, plans to shift most of its North American production to the United States. This move responds directly to new U.S. tariffs on imported vehicles.

The company aims to manufacture 90% of the cars it sells in the U.S. within the country. This figure marks a significant jump from the current 70% of vehicles

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Colombia's production sector, according to official DANE information, continues to face headwinds as 2025 unfolds. In February, manufacturing output dropped 1.2% compared to the very same month last year.Real sales fell 0.4%, while work in the sector edged up by just 0.1%. These figures reveal a sector that stays under pressure, with just a few
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Donald Trump’s administration froze $2.3 billion in federal funding to Harvard University on April 15, 2025, after the school refused to comply with new federal demands.

The administration demanded Harvard dismantle its diversity, equity, and inclusion (DEI) offices, revise hiring and admissions practices, and cooperate with immigration screenings

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Authorities information reveals that Chinese imports soared to $19 billion in the very first quarter of 2025, a record for the duration and a 35 percent dive compared to the exact same months in 2024. This rise came before the full effect of the brand-new United States tariffs, highlighting how buyers hurried to stockpile ahead of expected cost walkings. Brazil's trade relationship with China
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Brazil’s wind energy industry, according to the Brazilian Wind Energy Association (Abeeólica), now faces its most severe and prolonged crisis. The sector, once a symbol of rapid growth, now struggles with technical, economic, and regulatory setbacks.

The National Electric System Operator (ONS) has imposed frequent curtailments, forcing wind and

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[China] - 2 guest boats capsize in SW China

              
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